Koch Brothers Net Worth

By on November 8, 2011 in ArticlesEntertainment

The Koch brothers have come under fire recently from Occupy Wall Street protesters for supporting conservative policies and movements like the Tea Party. But how much money do they both have? David and Charles Koch each have a net worth of $52 billion making them tied for fourth as the richest people in the country and easily some of the richest people in the world.

Charles Koch Net Worth – $52 billion

David Koch Net Worth – $52 billion

Neilson Barnard/Getty Images

The brother's vast wealth comes from their ownership of Koch Industries which is the largest privately held corporation in the U.S.. The business was founded by their father Fred who invented an innovative system for refining crude oil into usable gasoline that is still in practice today. In 2007 alone, Koch industries generated nearly $100 billion in revenue. The company produces over 1 million barrels of oil per day and has expanded into many industries including finance, chemicals, plastics, fertilizers, and paper products.

The main complaint that Occupy Wall Street has against the Koch (pronounced "Coke") brothers is that they are funding far right political movements in the United States. A very large crowd of protesters gathered outside a recent Washington DC gathering of a group called Americans for Prosperity Foundation. The foundation was founded by David. The brothers are believed to be backing the radical right "Tea Party" movement in the US.

How much are the Koch Brothers worth?

Koch Brothers Net Worth

What do you think? Should the Koch brothers be allowed to fund whatever political movement they choose or are the Occupy Wall Street protesters right to be angry? Let us know your thoughts in the comments below…

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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